fari File Edit View History Window Help s-WIN-OTR-18 Quiz 2 Following are account balances (n millions of dollars) from a recent FedEx annual report, followed by several typical transacti 31 (end of the prior fiscal yeari: Balance $15,943 Recelvables Property and equipment (net) Retained eamings Accounts payable Prepaid expenses Accrued expenses payable Long-term notes payable Other noncurrent assets Common stock ($0.10 par value) $ 4,681 630 2,368 479 5,676 1326 2,532 3,16 0ther current assets 1,742 Cash 349 Spare parts, supplies, and fuel 1,934 0ther noncurrent llablities 1707 Other current liabilities 3,617 Addisional Pald-in Capital 34 These accounts are not necessarily in good order and have normal debit or credit balances. Assume the following transactions the current year a. Provided delivery service to customers, receiving $22,704 in accounts receivable and $18,400 in cash. b. Purchased new equipment costing $3,474; signed a long-term note. c Paid $14,264 cash to rent equipment and aircraft, with $10,436 for rental this year and the rest for rental next year d. Spent $3,904 cash to maintain and repair facilities and equipment during the year e. Collected $25,485 from customers on account. f Repaid $370 on a long-term note (ignore interest) g. Issued 40 shares of additional stock for $18 h. Paid employees $15,776 during the year L Purchased for cash and used $9,164 in fuel for the aircraft and equipment during the year J. Paid $824 on accounts payable. k. Ordered $92 in spare parts and supplies 5 MacBook